Ntd.Ax
NTD.AX operates in the Tires & Rubber Products industry, primarily engaged in the distribution of automotive products and services, generating revenue through the sale of tires, automotive parts, and related services.
Business. NTD.AX operates in the Tires & Rubber Products industry, primarily engaged in the distribution of automotive products and services, generating revenue through the sale of tires, automotive parts, and related services.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Composite-score breakdown
Synthesis
NTD.AX operates in the Tires & Rubber Products industry, primarily engaged in the distribution of automotive products and services, generating revenue through the sale of tires, automotive parts, and related services.
NTD.AX has a debt-to-equity ratio of 2.12, indicating a relatively high level of leverage, which may increase financial risk. The company's liquidity is assessed as medium, with a current ratio of 1.34, suggesting it can cover its short-term liabilities but with limited buffer. The company's return on equity is -0.5221, and return on assets is -0.1236, both significantly below zero, indicating poor profitability and asset utilization.
The company's operating income is negative at -36.68 million AUD, and net income is also negative at -43.76 million AUD, reflecting a challenging operating environment. These figures are well below the industry's preferred metrics for profitability and returns, which typically emphasize positive operating and net margins. The company's free cash flow is negative at -21.13 million AUD, further highlighting its inability to generate cash from operations.
NTD.AX's revenue is concentrated in a single business segment, as disclosed in its financials, with no geographic diversification provided in the available data. This lack of diversification may expose the company to higher operational and market risks, particularly in the volatile automotive and tire distribution sectors.
The company's revenue has declined in the current fiscal year, with no clear indication of recovery in the next fiscal year. The operating cash flow is positive at 27.13 million AUD, but this is insufficient to offset the negative free cash flow and capital expenditures. The capital expenditure of -3.79 million AUD suggests some investment in operations, but the overall financial health remains weak.
The risk assessment indicates a medium liquidity risk, with the company's net cash position being negative after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. However, the company's negative net income and operating income raise concerns about its long-term sustainability and ability to meet financial obligations.
Recent filings and transcripts do not provide additional insights into the company's strategic direction or operational improvements. The lack of positive developments in the financial statements and risk profile suggests that the company may need to implement significant cost-cutting measures or restructuring to improve its financial position.
- NTD.AX is operating at a loss with negative operating and net income, indicating poor financial performance.
- The company has a high debt-to-equity ratio, which increases its financial risk and leverage.
- NTD.AX's liquidity is medium, with a current ratio of 1.34, suggesting limited short-term financial flexibility.
- The company's profitability metrics, such as return on equity and return on assets, are significantly negative, indicating poor asset utilization and profitability.
- The company's revenue is concentrated in a single segment, increasing its exposure to market and operational risks.
- NTD.AX's free cash flow is negative, highlighting its inability to generate sufficient cash from operations to sustain its activities.
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- Net cash is negative after subtracting total debt.
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- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
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- NTD.AX Market data — financials · 2026-05-28